Zenith Computers edges higher on Bombay Stock Exchange

30 Nov 2012 Evaluate

Zenith Computers is currently trading at Rs 10.10, up by 0.18 points or 1.81% from its previous closing of Rs 9.92 on the BSE.

The scrip opened at Rs 9.81 and has touched a high and low of Rs 10.15 and Rs 9.80 respectively. So far 2380 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 16.90 on 16-Feb-2012 and a 52 week low of Rs 9.15 on 08-Sep-2012.

Last one week high and low of the scrip stood at Rs 10.73 and Rs 9.71 respectively. The current market cap of the company is Rs 15.56 crore.

The promoters holding in the company stood at 54.33% while Institutions and Non-Institutions held 1.53% and 44.14% respectively.

ICRA has suspended the ‘B’ rating assigned to the Rs 78.0 crore long term fund based facilities of Zenith Computers (ZCL). The suspension follows the credit rating agency’s inability to carry out a rating surveillance in the absence of the requisite information from the company.

Zenith Computers, is engaged in assembling and sales of personal computers (Desktops and Notebooks). ZCL has an assembling facility at Goa with a capacity of about 200,000 units per annum. The company markets its products through a network of nine branches and 450 exclusive and non-exclusive dealers across the country.

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